NASDAQ$IBOC

International Bancshares Corporation · Q4 2024 earnings

Q4 2024 earnings · · During market hours · Investor relations

Briefing

IBC reported strong earnings for Q4 2024 with increases in net income and diluted EPS.

International Bancshares Corporation reported a strong fourth quarter for 2024, with net income increasing by 8.2% and diluted earnings per common share increasing by 8.1% compared to the same period in 2023. Total assets, net loans, and deposits also saw increases.

  • Net income for Q4 2024 was approximately $115.1 million, an 8.2% increase from Q4 2023.
  • Diluted earnings per common share for Q4 2024 were $1.85, an 8.1% increase from Q4 2023.
  • Total assets increased to approximately $15.7 billion at December 31, 2024, up from $15.1 billion at December 31, 2023.
  • Total net loans increased to approximately $8.7 billion at December 31, 2024, up from $7.9 billion at December 31, 2023.

Headline financials

Total Revenue

$0.00

Previous: $211M-100.0%
EPS (adj)

$1.85

Previous: $1.71+8.2%
Net Income Change

8.2%

No prior period
Diluted EPS Change

8.1%

No prior period
Total Net Loans

$8.7B

Previous: $7.9B+10.1%
Deposits

$12.1B

Previous: $11.8B+2.5%
Capital Expenditures

$1.65M

Previous: $8.42M-80.4%
Net Income

$115M

Previous: $106M+8.2%
Operating Income

$0.00

No prior period

Revenue & EPS history

IBC · Revenue · Quarterly

$0

Q4 2024-100%vs Q4 2023

Forward guidance

The company expects to continue its industry-leading financial results into 2025 by focusing on superior customer service, balance sheet management, cost controls, and efficiency improvements.

Tailwinds

  • Continued focus on delivering superior customer service.
  • Continued execution of long-standing practices of balance sheet, asset, liability, and liquidity management.
  • Strong cost controls.
  • Evaluating processes for efficiencies across the organization.
  • Belief that continued focus on established practices and new initiatives will deliver industry-leading financial results.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2024

Historical avgQ4 2024

+0.6%

Avg return

Earnings day

+0.9%

Avg return

5 days after

+1.3%

Avg return

30 days after

60%

41 / 68 earnings

Positive

+9.1%

Q1 2020

Best reaction

-9.1%

Q2 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.9%-0.2%+0.6%
Q4 2025-0.5%-1.8%-3.6%
Q3 2025-2.0%-3.6%+0.9%
Q1 2025-0.4%-3.4%-4.8%
Q4 2024+0.8%-3.1%-4.1%
Q3 2024-2.0%-0.9%-0.8%
Q2 2024-9.1%-14.3%-6.3%
Q1 2024+3.9%+4.7%-0.6%
Q4 2023-0.6%-0.9%+7.8%
Q3 2023+7.7%+3.4%+5.7%
Q2 2023-1.8%-3.3%-5.8%
Q1 2023+2.6%+1.7%+13.1%
Q4 2022+3.7%+5.9%-5.5%
Q3 2022+3.9%+6.4%+8.2%
Q2 2022+0.9%+0.4%-6.4%
Q1 2022-4.7%-4.6%-1.0%
Q4 2021+3.5%-1.8%+5.5%
Q3 2021+1.1%+1.3%-7.4%
Q2 2021+7.1%+8.6%+6.7%
Q1 2021+1.9%+0.2%-4.9%
Q4 2020-4.2%-1.2%+7.3%
Q3 2020+1.6%+14.4%+30.2%
Q2 2020+4.9%+9.2%-1.2%
Q1 2020+9.1%-1.4%+27.9%
Q4 2019-8.1%-8.7%-31.7%
Q3 2019+0.0%-0.2%+0.8%
Q2 2019+1.0%-0.2%+8.6%
Q1 2019+0.2%-2.0%-11.6%
Q4 2018+2.0%+2.7%-5.0%
Q3 2018+2.1%-1.3%-12.0%
Q2 2018+1.3%+1.1%+5.3%
Q1 2018+3.3%+4.1%+9.4%
Q4 2017+2.6%+5.4%+0.6%
Q3 2017-3.3%-1.3%+1.4%
Q2 2017+1.3%-2.4%-2.4%
Q1 2017-3.1%-4.6%-7.3%
Q4 2016-1.0%-1.0%-9.5%
Q3 2016+4.2%+24.9%+35.8%
Q2 2016+4.3%+3.6%+8.7%
Q1 2016+2.2%
Q4 2015-2.4%
Q3 2015+4.4%
Q2 2015+1.7%
Q1 2015+0.5%
Q4 2014+0.6%
Q3 2014+1.7%
Q2 2014-2.8%
Q1 2014+5.8%
Q4 2013+2.4%
Q3 2013+2.8%
Q2 2013-1.3%
Q1 2013-0.3%
Q4 2012-2.4%
Q3 2012+5.2%
Q2 2012-2.3%
Q1 2012+1.0%
Q4 2010-1.8%
Q4 2011-1.8%
Q3 2011+1.6%
Q2 2011-0.1%
Q1 2010-1.0%
Q1 2011+3.0%
Q4 2008-2.3%
Q3 2009+2.9%
Q3 2010+2.9%
Q4 2009-5.8%
Q2 2009-5.8%
Q2 2010-5.8%

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